RTX Posts 12% Sales Growth In First Quarter

Pratt GTF
Credit: RTX
RTX’s sales and net profit beat Wall Street’s expectations in the first quarter on the back of strong demand for both its commercial and defense products. Revenue rose 12% year-on-year to $19.3 billion, about 5% ahead of a consensus estimate, while adjusted earnings per share of $1.34 beat out Wall...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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